September 29, 2016 9:59 PM ET

Household Products

Company Overview of The Honest Company, Inc.

Company Overview

The Honest Company, Inc. designs and manufactures bundles, baby, bath and body, cleaning, health and wellness, collective, and gift products. It offers diapers and wipes bundle, essentials bundle, health and wellness bundle, diapers, wipes, healing balm, diaper rash cream, organic baby powder, soothing bottom wash, organic breathe easy rub, training pants, organic shave oil, discovery set, shampoo and body wash, conditioner, conditioning detangler, sunscreen, sunscreen spray, sunscreen stick, bug spray, laundry detergent, laundry packs, dryer cloths, multi-surface cleaner, bathroom cleaner, glass and window cleaner, floor cleaner, stain remover, organic breathe easy rub, prenatal multi-vitam...

2700 Pennsylvania Avenue

Suite 1200

Santa Monica, CA 90404

United States

Founded in 2011

Phone:

310-917-9199

Key Executives for The Honest Company, Inc.

Chief Executive Officer and Director
Founder and Chief Product Officer
Member of The Board of Directors
Compensation as of Fiscal Year 2016.

The Honest Company, Inc. Key Developments

Erlewine, Given & Carlin LLP Announces New Lawsuit Against the Honest Company, Inc

Erlewine, Given & Carlin LLP announced that it has filed a new lawsuit against The Honest Company, Inc., brought by plaintiffs Candace Hiddlestone and Julie Hedges on behalf of a nationwide class. The lawsuit, filed in federal court in Los Angeles, contends that the Honest Company misleadingly labeled and marketed certain products as natural, when in fact those products contain synthetic, non-natural ingredients. The firm is prosecuting a similar case against Honest on behalf of several other plaintiffs. Attorney Nicholas Carlin, the current lawsuit is on behalf of both on-line and brick and mortar purchasers, and also adds additional product lines. The previous lawsuit did not cover online purchasers. The products listed in the current lawsuit were marketed as natural, inducing consumers to pay a premium for the products on the false premises they were natural, when in fact they not only contain non-natural ingredients, but in some cases contain chemicals rated as either highly or moderately hazardous by the Environmental Working Group.

Unilever Reportedly In Talks To Acquire Honest Company

Unilever PLC (LSE:ULVR) is in talks to acquire The Honest Company, Inc., Wall Street Journal reported citing people familiar with the matter. The deal valued is at over $1 billion but less than the $1.7 billion as per the sources. The talks are at an early stage, and The Honest Company hasn’t ruled out going for an initial public offering instead, one of the people said. Representatives from Unilever and The Honest Company did not respond to a request for comment.

Honest Reportedly In Talks To Sell To Big Consumer Product Giant

The Honest Company, Inc. has been in talks to sell itself, several sources close to the situation said. Sources indicated that the buyer is likely to be a big consumer product company like The Procter & Gamble Company (NYSE:PG) of Unilever N.V. (ENXTAM:UNA). As in all acquisition talks, the discussions may not result in a deal, and a potential acquisition price is not known. The companies involved did not immediately respond to a request for comment.

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